BALANCE SHEET DETAILS

Cash and Cash Equivalents

The following table provides details regarding our cash and cash equivalents at the dates indicated:



	December 30, 2017		July 1, 2017
	(Thousands)
Cash and cash equivalents:
Cash-in-bank	$	85,938	$	79,259
Money market funds	63,202		99,037
Corporate bonds	4,017		2,012
Commercial paper	3,996		22,981
U.S. agency securities	—		15,981
	$	157,153	$	219,270

Short-Term Investments

The following table provides details regarding our short-term investments at the dates indicated:



	December 30, 2017		July 1, 2017
Short-term investments	(Thousands)
Commercial paper	$	66,582	$	23,459
U.S. Treasury securities	47,831		4,006
Corporate bonds	18,542		10,094
	$	132,955	$	37,559

Inventories

The following table provides details regarding our inventories at the dates indicated:



	December 30, 2017		July 1, 2017
	(Thousands)
Inventories:
Raw materials	$	20,642	$	32,421
Work-in-process	60,981		40,171
Finished goods	21,926		28,476
	$	103,549	$	101,068

Property and Equipment, Net

The following table provides details regarding our property and equipment, net at the dates indicated:



	December 30, 2017			July 1, 2017
	(Thousands)
Property and equipment, net:
Buildings and improvements	$	10,777		$	10,222
Plant and machinery	129,047			99,779
Fixtures, fittings and equipment	3,178			3,225
Computer equipment	23,477			15,901
	166,479			129,127
Less: Accumulated depreciation	(30,733		)	(14,794		)
	$	135,746		$	114,333

Property and equipment includes assets under capital leases of $3.4 million and $3.7 million at December 30, 2017 and July 1, 2017, respectively. Amortization associated with assets under capital leases is recorded in depreciation expense.

During fiscal 2017, we began the implementation of a new ERP system. We capitalized certain costs incurred in connection with the development of this internal use software, totaling $14.3 million. During the second quarter of fiscal 2018, we began using the ERP software for its intended use, and began recording depreciation expense.

Other Intangible Assets, Net

The following table summarizes the activity related to our other intangible assets for the six months ended December 30, 2017:



	Core and Current Technology		Development and Supply Agreements		Customer Relationships		Patent Portfolio		Other Intangibles		Accumulated Amortization			Total
	(Thousands)
Balance at July 1, 2017	$	6,249	$	4,496	$	2,402	$	915	$	3,338	$	(16,701	)	$	699
Amortization	—		—		—		—		—		(306		)	(306		)
Balance at December 30, 2017	$	6,249	$	4,496	$	2,402	$	915	$	3,338	$	(17,007	)	$	393

We expect the amortization of intangible assets to be $0.3 million for the remainder of fiscal 2018 and $0.1 million for fiscal 2019, based on the current level of our other intangible assets as of December 30, 2017.

Accrued Expenses and Other Liabilities

The following table presents details regarding our accrued expenses and other liabilities at the dates indicated:



	December 30, 2017		July 1, 2017
	(Thousands)
Accrued expenses and other liabilities:
Trade payables	$	2,247	$	7,805
Compensation and benefits related accruals	13,174		13,837
Warranty accrual	4,206		4,124
Purchase commitments in excess of future demand, current	6,793		4,009
Other accruals	16,141		12,724
	$	42,561	$	42,499

Accumulated Other Comprehensive Income

The following table presents the components of accumulated other comprehensive income at the dates indicated:



	December 30, 2017			July 1, 2017
	(Thousands)
Accumulated other comprehensive income:
Currency translation adjustments	$	42,626		$	41,131
Unrealized loss on marketable securities	(48		)	(8		)
Japan defined benefit plan	(150		)	(150		)
	$	42,428		$	40,973